Longs are operating in a bubble. Did you NOT hear Bernanke today? Worst financial report in a year. Economy contracting. Even traders won't be able to make a case for putting money hoping to repeat these recent moves. Market is going lower and will take NFLX with it. NFLX is not impervious to its environment entirely. Past week was a party but not it's back to reality. The euphoria is over.
TEVA, GENERAL MILLS, CVS, TARGET....hell, 99-cent stores...that's where the new emphasis will be.